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Credit purchases of consumer goods are commonly made upon terms governed by an agreement between the lender and the …
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Which households use consumer credit? This paper addresses the question using harmonized data from Eurostat�s EU …-SILC survey for nine European countries in the period 2005-08. There is wide heterogeneity in participation in the consumer credit … market, ranging from 15 to 46 per cent across countries. Most households relying on consumer credit are those whose head is …
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The study analyses trends in the market for consumer credit during the crisis, relying on data by CRIF referring to …
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In an economy where entrepreneurs with unequal "abilities" face alternative investment projects, which differ in degree of risk and productivity, we analyse the Nash equilibrium contracts arising from a banks-borrowers game in the context of asymmetric information. We show that, for a particular...
Persistent link: https://www.econbiz.de/10005780673
In an economy where entrepreneurs with unequal "abilities" face alternative investment projects, which differ in degree of risk and productivity, we analyse the Nash equilibrium contracts arising from a banks-borrowers game in the context of asymmetric information. We show that, for a particular...
Persistent link: https://www.econbiz.de/10005113664